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\frac{7^{1}m^{1}}{5000^{1}m^{1}}
Use the rules of exponents to simplify the expression.
\frac{7^{1}m^{1-1}}{5000^{1}}
To divide powers of the same base, subtract the denominator's exponent from the numerator's exponent.
\frac{7^{1}m^{0}}{5000^{1}}
Subtract 1 from 1.
\frac{7^{1}}{5000^{1}}
For any number a except 0, a^{0}=1.
\frac{7}{5000}
Divide 7 by 5000.